Limited Liability Companies: New Regulations
In late April, the Ministry for Law and Human Rights issued new regulations relating to limited liability companies (the Regulations).* […]
August 2021
Competition Law: The New Benchmark of Administrative Fines
On 31 May 2021, the Indonesia Competition Commission (ICC) enacted new competition law regulations relating to the calculation and payment
Risk-Based Licencing Through the Online Submission System
A new risk-based licencing system for businesses in certain sectors was introduced through regulation GR 5/2021*, which also revokes the
Forex/Rupiah: The New Sismontavar Monitoring System
In June 2021, Bank Indonesia issued new regulations* introducing a new system to monitor foreign exchange transactions against the rupiah
Destroyed Land: Abolition of Land Title
The Minister for Agrarian Affairs and Spatial Planning has issued Regulation 17,* which sets out the procedures by which the